About 23 results for "bcsbi"

MUMBAI: Banks have objected to norms issued by the (BCSBI) over whether customers need to prove their innocence when it comes to electronic fraud or whether it's up to the lenders to prove otherwise. The BCSBI, which seeks to ensure customer ...Economic Times, 2 months ago

The RBI is tightening the screws on defaulting borrowers but wrongdoings by banks seem to have escaped its notice. Banks are forcing costly insurance policies on customers who want the locker facility. Posing as customers, ET Wealth reporters ...

It is not often that one gets an opportunity to deliver the very first lecture of a series organised in memory of a person whom you have known and respected from the childhood. One may have many things to say and eulogise about the Late Highness ...

Compared to last year, there has been an increase of 8.55% in the number of complaints received by RBI's Banking Ombudsman Offices in the year 2013-2014. This was revealed by the Reserve Bank of India, yesterday, as it released the 'Annual Report of ...

R eserve Bank of India releases the Annual Report of the Banking Ombudsman Scheme 2006: 2013-14 Date : 12 Feb 2015 The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2013-2014 . The ...

IT dept holds both bank and complainant responsible for security lapse that led to email hacking The state department of information technology (IT) recently ordered a public sector bank to pay Rs 40 lakh as compensationto two ...

Did you know that there is something called Cyber Court where you can complain about online banking frauds and get justice? Nitesh Gupta, a chartered accountant, was having a quiet dinner with his wife at a restaurant sometime in June 2013. He had ...

Noted cybercrime lawyer Prashant Mali has been able to win a total compensation of Rs 1.06 crore for his customers who have been victims of various online frauds in the past two years More Insights Rajesh Aggarwal, Principal Secretary, ...

PUNE: The state department of information technology's Adjudicating Officer (AO) has directed three banks and a cellphone service provider to collectively pay compensation of Rs 25.12 lakh to a city-based partnership firm for failing to provide ...

Consumer rights activists say even with limited resources, it is not possible for customers to take on banks and prove they are at fault. An employee uses a computer mouse inside an office. Photograph: Gleb Garanich/ Reuters The Reserve Bank of India (RBI) has come up with norms that can give consumers a big relief if they become victims of online fraud. Its Banking Codes and Standard Board of India (BCSBI) has proposed that in case of electronic fraud, the onus will be on banks to prove it ...